CréditAg faces up to bond market volatility for senior preferred Panda return

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CréditAg faces up to bond market volatility for senior preferred Panda return

Panda_playing_bond_PA_575X375_05Jun20
A panda plays swing balls on a bench in Beijing, China, 5 June 2020. (Photo by Liu Hongsheng/ChinaImages/Sipa USA) | ChinaImages/SIPA USA/PA Images

Crédit Agricole has sealed its third senior preferred Panda bond in the China market on a particularly challenging day that caused eight domestic deals to be postponed, amid lingering default concerns and rising government bond yields. Addison Gong reports.

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